高盛：亚洲及中国战略、2025 年 10 个宏观问题、台积电、百胜中国、GCPL、日本化学、韩国观点
CPEA· 2025-01-07 03:06
Listen Up - GS Webcasts on the Agenda China in Motion: Macro & Strategy | 10am HK | Global Update, China Activity Data, Market Views | Access Webinar | with Hui Shan, Yuting Yang, Kinger Lau, Si Fu & Alvin So (in Mandarin) Asia Macro | 10 Questions for 2025 Asia Macro - Ten questions for 2025. In our first Asia Economics Analyst of the year, Goldman Sachs does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of ...
高盛：泡泡玛特_ 3Q24_ 中国和海外再次表现强劲；上调目标价但估值中性
高盛证券· 2024-10-27 16:26
关注公众号: 永木纪要 23 October 2024 | 8:03AM HKT | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------|---------------|---------------------------------------------------------------------------------|---------------------------------------|----------|-------------------------------------|----------- ...
高盛：名创优品_ 3Q24 预览_ 海外市场表现稳健，分销商市场强劲反弹，但中国销售较弱；买入
高盛证券· 2024-10-27 16:26
主公众号: 永木纪要 21 October 2024 | 9:15PM HKT Miniso (MNSO): 3Q24 Preview: Solid overseas with strong rebound in distributor markets though China sales weaker; Buy | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
高盛：舜宇光学科技：9 月出货量：手机镜头同比增长 6%，相机模组同比下降 30%；车载镜头加速增长 13%
高盛证券· 2024-10-13 16:43
10 October 2024 | 8:54PM HKT _ Sunny Optical (2382.HK): September shipment: Handset lens +6% YoY while camera modules -30% YoY; Vehicle lens accelerated to +13% Product mix upgrades to support better ASP: We remain positive on company's product mix upgrade ahead towards more mid and high-end smartphone projects, support the blended ASP and margin outlook. We expect company's GM to improve to 17.5% in 2H24E (vs. 14.1%/ 17.2% in 2H23/ 1H24) on mix upgrades. Sep in line: Handset lens were +6%YoY, or -4% MoM to ...
高盛：石药集团_与跨国公司达成的首个海外 BD 交易；授权代谢药物.
高盛证券· 2024-10-10 13:39
8 October 2024 | 6:23AM HKT CSPC Pharma (1093.HK): First overseas BD deal with MNC; Licensing-out a metabolism drug Licensing-out a pre-clinical metabolism asset to AstraZeneca (AZ): CSPC announced plans to license out the global rights of YS2302018, a lipoprotein(a) (Lpa) small molecule inhibitor in pre-clinical stage and any product that contains YS2302018, which could refer to combination therapy, to AstraZeneca for: 1) an upfront payment of US$100mn, which we see as quite meaningful for a pre-clinical a ...
高盛：老铺黄金_发掘传统黄金珠宝的奢侈需求；首次买入
高盛证券· 2024-10-10 13:39
7 October 2024 | 8:13PM HKT | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-------|----------- ...
摩根士丹利：越秀地产-防御性高端国企，高股息可持续
越秀证券· 2024-10-08 08:26
October 4, 2024 03:46 AM GMT M Foundation Yuexiu Property Co Ltd 越秀地产 | Asia Pacific 防御性高端国企，高股息可持 续 我们看好越秀地产高于同行的销售额、盈利和股息前景，得 益于优质的可售资源和优越的土地储备渠道。公司的国企背 景、稳健的财务状况和良好的资本渠道使我们相信其流动性 风险低，且可持续提升市场份额。首次覆盖给予超配(OW)。 丰富的一二线土地储备可抵御下行周期： 越秀地产自2016年起积极购地扩张规 模，新增购地面积维持在预销售额的0.8-1.7倍左右。我们预计，公司目前拥有价值 人民币 3,300 亿元的未售可售资源（约占 55%，相当于 2024 年销售额的 2.8 倍），其中95%以上位于粤港澳大湾区、长三角等富裕地区的一线和二线城 市。60%的未售土地储备是在过去三年内以较低的土地成本在核心地段购得的， 这应能支撑公司高于同行的去化率以及2025-26年的毛利率复苏。 优越的土地储备渠道有望助力公司维持高于同行的增长：除公开拍卖土地外，越 秀还实施了以铁路交通为导向的发展模式，该模式得到了其最大股东越秀集团和 ...
高盛：华虹半导体CFO电话会议要点12英寸新产线年投产,812英寸产能利用率保持高位;维持买入
-· 2024-06-30 03:41
高盛：华虹半导体CFO电话会议要点12英寸新产线年投产,812英寸产能利用率保持高位;维持买入 ...
高盛：互联网618购物节、三花控股、日本零售、智能手机、鸿海精密、华虹半导体、宏观
全球碳捕集与封存研究院· 2024-06-23 06:13
更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 21 June 2024 | 7:17AM HKT The 720: China Internet - 618 Shopping Festival, Sanhua, Japan Retail, Global Smartphone, Hon Hai, Hua Hong, China Macro In Focus | China Internet - 618 Shopping Festival Michael Snaith +852-2978-0455 | michael.snaith@gs.com China Internet - 618 Shopping Festival 5 key highlights - Buy BABA, PDD, Kuaishou Goldman Sachs (Asia) L.L.C. Caleb Chan (on CL). With China’s 618 Shopping Festival (the longest yet) now concluded (on +852-2978-0790 | caleb.chan@gs. ...